The Asia Pacific concrete admixtures market, along with its end products, has witnessed a linear growth in the past few years and this growth is estimated to increase in the coming years. Concrete admixtures are chemical formulations that are added to concrete at the initial mixing stage to enhance or modify the properties and workability of the mix. Concrete admixtures are used to enhance strength, durability, chemical resistance, and other properties, thus making concrete more suitable to satisfy the needs of modern civil structures. Concrete admixtures have found wide acceptance in the construction industry worldwide; especially for the construction of residential buildings, industrial amenities, and social and commercial complexes, and surface transportation infrastructure projects.

The concrete admixtures market in Asia Pacific has been experiencing significant growth in recent years, which is expected to continue in the near future, mainly driven by the highly growing demand from various end-use industries. Considerable amount of investments are being made by the various market players to serve the end-user applications in the future. China is the largest market for concrete admixtures market in the Asia-Pacific region, having accounted for 76.3% of the total Asia-Pacific demand in 2014.

Among the types covered in the report, normal plasticizers accounted for the largest share of 20.3% of the Asia Pacific concrete admixtures market in 2014. The air entraining agents segment is expected to be the fastest-growing segment in the coming years.

The improving quality of construction in developing economies; the increasing demand for buildings, roads, bridges, tunnels, and water retention structures; and the need to reduce water usage and construction time are among the key factors driving the growth of the concrete admixtures market in Asia Pacific.

This study basically aims to estimate the Asia Pacific concrete admixtures market for 2014 and to project its demand by 2019. This market research study provides a detailed qualitative and quantitative analysis of the market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases, have been used to identify and collect information useful for this extensive and commercial study of the Asia Pacific market. The primary sources – experts from related industries and suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects of concrete admixtures.

Competitive scenarios of the top players in the concrete admixtures market have been discussed in detail. Furthermore, the leading players of this industry have been profiled along with their recent developments and other strategic industry activities. The key players include Ashland Inc. (U.S.), BASF SE (Germany), CICO Technologies Ltd. (India), The Dow Chemical Company (U.S.), The Euclid Chemical Company (U.S.), and Pidilite Industries Ltd. (India), among others.

Scope of the Report:

This research report categorizes the Asia Pacific market for concrete admixtures on the basis of type and geography, along with forecasting volume, value, and analyzing trends in each of the sub-markets.

Chemical concrete admixtures are added in specific proportions to concrete for achieving certain design standards and performance requirements of concrete structures. The awareness regarding the use and benefits of admixtures has increased among construction developers significantly over the past few decades. The utilization of mineral and chemical admixtures in cement is most commonly found in developed countries. In recent years, there has been a considerable increase in the use of admixtures in concrete for various residential, commercial, and infrastructure projects, across most of the developing countries of the world (especially APAC countries). The growing need for housing units and improved sanitation levels; infrastructure investments; and funding by governments in developing countries have spurred the growth of cement consumption and admixtures in Asia Pacific.

The construction industry has been evolving continuously over the past decades, evident from the vast differences between the structures being built currently and the structures in the past decades. Changing lifestyles of people, the growing urbanization trend, and the rising demand for enhanced aesthetics of residential structures and infrastructure have led architects and engineers to innovate the design of concrete structures suited for various applications and requirements. However, tight project completion deadlines and increasing variable costs of construction may pose challenges for the growth of the construction industry in the coming years, thereby restraining the growth of the concrete admixtures market.

The utilization of chemical concrete admixtures (such as normal and superplasticizers, accelerating agents, retarding agents, air entraining agents, and waterproofing admixtures) provide flexibility to designers to modify and enhance the physical as well as chemical properties of concrete. This includes compressive strength, durability, surface finish, and resistance to withstand adverse climatic and working conditions, without compromising the quality of the concrete structure.

The key consumers of admixtures among developing economies of the world include China, India, Brazil, Egypt, and Turkey; and among the developed countries, the major consumers are the U.S., Spain, Germany, Japan, and Italy.

The Asia Pacific concrete admixtures market was valued at $7.22 billion in 2014 and is projected to reach a value of $12.06 billion by 2019, at a CAGR of 10.8% from 2014 to 2019. The improving quality of construction in developing economies; the increasing demand for buildings, roads, bridges, tunnels, and water retention structures; and the need to reduce water usage and construction time are among the key factors driving the growth of the concrete admixtures market in Asia Pacific.

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